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Dec 6, 2012
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nearly 350 people have been killed by a typhoon which swept across the southern philippines on wednesday. government officials say another 400 people are missing. 78 of the dead include villagers and soldiers who were killed in a flash flood which swamped two emergency shelters and a military camp. >>> president obama is expected to ask congress for $50 billion to aid in the hurricane sandy relief effort. the late october storm was one of the worst ever to hit the northeastern section of the country. in maryland on the eastern shore, you can still find plenty of debris strewn around. homeowners say they're still working to repair the damage and are waiting for any form of federal aid. >>> a washington tradition continues tonight with the lighting of the national christmas tree on the ellipse. >> it's a brand new tree. the first family will light it around 5:00 p.m. this year's display features 56 trees, including one from each state, the territories and the district. it's the 90th year for the event. the organizers are expected more than 20,000 people for the show. we will bring you the
nearly 350 people have been killed by a typhoon which swept across the southern philippines on wednesday. government officials say another 400 people are missing. 78 of the dead include villagers and soldiers who were killed in a flash flood which swamped two emergency shelters and a military camp. >>> president obama is expected to ask congress for $50 billion to aid in the hurricane sandy relief effort. the late october storm was one of the worst ever to hit the northeastern section...
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Dec 7, 2012
12/12
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. >>> the death toll from a typhoon in the philippines is up to 425 people and 400 more are still listed as missing. most of the deaths are in the southern portion of the country where there is widespread flooding. some of the places where people thought they were safe actually became the deadliest, including two emergency shelters. >>> it really is beginning to look a lot like christmas in the nation's capital. 7,000 people -- 17,000 people on the ellipse watched as the first family light the christmas tree. the blue spruce was transplanted on the ellipse in october. all of the trees on the eliption will be lit through -- ellipse will be lit every night through christmas. >>> it's time to break out the ugly swert. 18-year-old jack mccarthy of wisconsin has turned that into a lucrative business. he sells ugly christmas sweaters online and has put together an impressive stockpile. he searches every flea market and yard sale across six states to do it. >> the more colorful, the more action, the more eye popping things, that's our definition of ugly. >> ugly christmas sweaters sell between
. >>> the death toll from a typhoon in the philippines is up to 425 people and 400 more are still listed as missing. most of the deaths are in the southern portion of the country where there is widespread flooding. some of the places where people thought they were safe actually became the deadliest, including two emergency shelters. >>> it really is beginning to look a lot like christmas in the nation's capital. 7,000 people -- 17,000 people on the ellipse watched as the first...
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Dec 20, 2012
12/12
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and now, the littlest state in the union has a brand-new distinction. the home of miss universe. con dwrat -- congratulations, rhode island. 20-year-old olivia culpo, beat out contestants from 89 countries. including runners-up, miss philippines and miss venezuela. in a few weeks, by the way, sam will be one of the judges for the miss america pageant. so, we asked, can another rhode islander make history? we'll find out, sam, when it airs on abc. >> i'm getting all my tips from lara, by the way. taking notes. >> there's a whole lot you need to know. >> i'm still learning. >>> here's a "downton abbey" christmas special. it's a gingerbread house or gingerbread estate. an exact replica of the estate on that hit period drama. the culinary construction work done by a utah man named smith jenson. isn't that credible? it is edible. in a long, long, long time. he probably, like all of us, cannot wait for the return of "downton abbey" on january 6th. just filling the need for a long, long time. >> a long, long time. >>> and finally in "pop news," say hello to a tiny giant. a 20-week-old b
and now, the littlest state in the union has a brand-new distinction. the home of miss universe. con dwrat -- congratulations, rhode island. 20-year-old olivia culpo, beat out contestants from 89 countries. including runners-up, miss philippines and miss venezuela. in a few weeks, by the way, sam will be one of the judges for the miss america pageant. so, we asked, can another rhode islander make history? we'll find out, sam, when it airs on abc. >> i'm getting all my tips from lara, by...
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Dec 24, 2012
12/12
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WJLA
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he and three others were towing the yacht from the philippines when the tow rope broke. >>> a senator from idaho is apologizing this morning after he was arrested over the weekend for driving drunk. mike crapo has said previously he does not drink. >>> there's no evidence this morning we don't feel good about the economy. a new abc news/"washington post" poll finds that three-quarters of americans say we're in a recession. half are optimistic about the new year, but that's the least in a decade. >>> santa is ready to leave the secret workshop location in the north pole. there are two places two track him online. norad and for the first time, google. >>> finally, a police officer is being called a hero this morning after rescuing a drowning woman. he did it under the absolute worst conditions an against all odds. it takes protect and stoerve a whole new level. this cell phone video shows boston police officer edward norton jumping into frigid waters to rescue a drowning woman. he was weighed down by his bullet-proof vest but says, he didn't think twice. >> i feel like i did what i woul
he and three others were towing the yacht from the philippines when the tow rope broke. >>> a senator from idaho is apologizing this morning after he was arrested over the weekend for driving drunk. mike crapo has said previously he does not drink. >>> there's no evidence this morning we don't feel good about the economy. a new abc news/"washington post" poll finds that three-quarters of americans say we're in a recession. half are optimistic about the new year, but...
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Dec 31, 2012
12/12
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WMAR
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do you know what the first lady of the philippines looks like? >> reporter: so i pretended to be the king of liechtenstein, and people bought it. outside, a panting crowd, paid to scream my name. >> king nicholas. >> once you have 10, 15 people with cameras, everybody else will crowd around. >> king nicholas, i love you! >> reporter: for nearly clr 5,000, you get a gang of paparazzi and fake fans to meet you at the airport. for nearly $3,000, a crowd to follow you on dates. >> the goal would be, like, wow, you must be really famous. >> reporter: some use this service for career advancement. >> i guess you could say "b" list celebrities who want attention in beverly hills and hollywood. i was exacted by ee eed -- cont agents and publicists. >> reporter: the crowd shopping felt weird. but i loved the dirn afterwards. tell me how good looking i am. toast to me. my own entourage made to laugh hi my jokes. i said you do downtown. [ laughter ] >> reporter: i might hire these guys. for new year's eve. for "good morning america," nick watt, abc news, los
do you know what the first lady of the philippines looks like? >> reporter: so i pretended to be the king of liechtenstein, and people bought it. outside, a panting crowd, paid to scream my name. >> king nicholas. >> once you have 10, 15 people with cameras, everybody else will crowd around. >> king nicholas, i love you! >> reporter: for nearly clr 5,000, you get a gang of paparazzi and fake fans to meet you at the airport. for nearly $3,000, a crowd to follow you...
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Dec 12, 2012
12/12
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that rocket was fired today, flying in the direction of the philippines. the white house called it provocative. the successful test firing follows four failures and the u.s. and other countries have to deal with a north korea that could be a big step closer to being able to launch a missile loaded with a nuclear weapon. experts say they have a long way to go before they can threaten neighboring countries and perhaps one day the west coast of the united states and they have yet to develop a warhead to fit atop that missile. but they're making significant progress. >> if it got to the stage it can reach los angeles. that's the significance for us. and we're just five days away from when kim jong-il passed away. so there's a symbolic importance for them doing this now. so this is the furthest they've gotten. so we have to keep an eye the closer they get. they have clearly made progress. >>> in other news this morning, and to capitol hill, the slow progress being made toward a fiscal compromise in this country that would avoid tax hikes for all of us come next
that rocket was fired today, flying in the direction of the philippines. the white house called it provocative. the successful test firing follows four failures and the u.s. and other countries have to deal with a north korea that could be a big step closer to being able to launch a missile loaded with a nuclear weapon. experts say they have a long way to go before they can threaten neighboring countries and perhaps one day the west coast of the united states and they have yet to develop a...
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Dec 14, 2012
12/12
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KGO
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what is the philippines? "s" as in simile for $200. what is snug? simile for $400. what is slippery? simile--"s" as in simile for $600. what is sharp? simile, $800. what is stubborn? "s" as in simile for $1,000. what is still? you double your score to $2,000. uh, burns, baby, burns, for $200. what is sc? uh, burns for $400. whotland"auld lang syne"? uh, burns for $600. what is require? no. boomie. what is "desire"? burns for $1,000. and you're in the lead. i'd like to wager $1,200. all righty, here is the clue... what are "mice and men"? that's it, at adds to your margin. you're at $5,400, and we're at our first commercial break, which means we'll be back in a moment or two. and th and beth watkins first is from savannah, georgia. she is a graduate student of medieval studies. notice how i pronounced that correctly. that's right. now you travel with a good-luck charm of some kind. yes. tell us about that. uh, it's a small stuffed orange fish, uh, that my sister got as a prize out of a cereal box. and so it's a way of traveling-- i actually have it with me-- travelin
what is the philippines? "s" as in simile for $200. what is snug? simile for $400. what is slippery? simile--"s" as in simile for $600. what is sharp? simile, $800. what is stubborn? "s" as in simile for $1,000. what is still? you double your score to $2,000. uh, burns, baby, burns, for $200. what is sc? uh, burns for $400. whotland"auld lang syne"? uh, burns for $600. what is require? no. boomie. what is "desire"? burns for $1,000. and you're...
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and then families torn apart by a deadly typhoon in the philippines after more than 300 deaths. the heartbreak. it is still not over. >> see it all over her face. >>> also this morning, a beautiful little girl caught in the middle of a nasty fight. it's an adoption case involving a birth father who didn't even know he was a dad. the battle may tug at your heart strings here. hate to see a little kid wrapped up in the drama. exactly what is playing out in the family. >>> and later, it's a challenge to look so good you can parade around on the catwalk wearing sexy undergarments. the workout regiments that help victoria's secret models look the way they do. i think we all know it is what the good lord blessed them with. they can only work out so much. i am never going to look like that. >> so blessed. so blessed. >>> meanwhile, we move on to serious news this morning. particularly new concerns about the ongoing civil war in syria. the concerns now center on the possible use of chemical weapons by syrian government forces. >> for the latest we are joined by abc's alex marquardt join
and then families torn apart by a deadly typhoon in the philippines after more than 300 deaths. the heartbreak. it is still not over. >> see it all over her face. >>> also this morning, a beautiful little girl caught in the middle of a nasty fight. it's an adoption case involving a birth father who didn't even know he was a dad. the battle may tug at your heart strings here. hate to see a little kid wrapped up in the drama. exactly what is playing out in the family. >>>...
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Dec 12, 2012
12/12
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the philippine sea. >>> music icon shank are -- shankar has died. he is the father of singer norah jones although they've been estranged for years. he died at a san diego hospital after come plaining of breathing problems, he was 92-years-old. >>> share your holiday, 21st annual food drive. next back to meteorologist mike nicco in walnut creek at the broadway plaza to find out how yo . >>> welcome back. 6:45. today we will be at three bay area locations for our share your holiday food drive. >> let's catch up with mike live at broadway plaza in walnut creek. how is it going? >>> it is going great. we've already had people stop by, families bringing food we are off to a good start. we still need more help we are in the main courtyard where we are decorated for the season. during the holidays there's families out there with needs. they need food, they need help during the holiday season we are going to bring in communications manager from alameda county community food bank. thank you for being here. what are your goals for this food drive? how can the
the philippine sea. >>> music icon shank are -- shankar has died. he is the father of singer norah jones although they've been estranged for years. he died at a san diego hospital after come plaining of breathing problems, he was 92-years-old. >>> share your holiday, 21st annual food drive. next back to meteorologist mike nicco in walnut creek at the broadway plaza to find out how yo . >>> welcome back. 6:45. today we will be at three bay area locations for our share...
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Dec 12, 2012
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and the philippines. tension being raised there. >>> talk about tense. hissing sound of natural gas as single police car keeps watch and sits hear in west virginia. what an image that is. that's where a natural gas line exploded level 4 houses and damaging part of interstate. the area is about 15 miles forth of charleston, west virginia. several people suffered smoke i hope inhalation. >>> ntsb said a distracted driver in a truck with bad brake was likely cause of amtrak collision that killed 6 people last year. happened at rural intersection in northern nevada. truck slammed into the side of a train that was headed from chicago to here in the bay area. at hearing in washington today the ntsb said the crossing guard arm was down and warning lights were flashing in plenty of time for the truck driver to stop. they still are not sure why he did in the act quickly more quickly maybe he was tired or just not paying attention who knows. but if the brake had been properly maintained or applied a second and a ha
and the philippines. tension being raised there. >>> talk about tense. hissing sound of natural gas as single police car keeps watch and sits hear in west virginia. what an image that is. that's where a natural gas line exploded level 4 houses and damaging part of interstate. the area is about 15 miles forth of charleston, west virginia. several people suffered smoke i hope inhalation. >>> ntsb said a distracted driver in a truck with bad brake was likely cause of amtrak...
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Dec 10, 2012
12/12
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now, the rocket is planned to be fired along the west coast of the korean peninsula towards the philippines, and there are u.s. naval vessels in the vicinity to track any potential launch. back to you, megyn. megyn: david piper, thank you. >>> is the united states about to lose its status as the world's only superpower? ambassador john bolton on a new warning for america and what it means for our security. >>> plus, a judge already infamous for sexting shirtless photos of himself has now touched off a new controversy, this time involving a woman who was appearing in his courtroom. >>> and as we monitor the president's speech in detroit, we are waiting to hear if he takes a swipe at the right-to-work battle raging in michigan. how the rules will change for workers in such a big union state and how the white house figures in all of this. we'll debate. hi. i'm henry winkler. and i'm here to tell homeowners that are 62 and older about a great way to live a better retirement. it's called a reverse mortgage. [ male announcer ] call right now to receive your free dvd and booklet with no obligation
now, the rocket is planned to be fired along the west coast of the korean peninsula towards the philippines, and there are u.s. naval vessels in the vicinity to track any potential launch. back to you, megyn. megyn: david piper, thank you. >>> is the united states about to lose its status as the world's only superpower? ambassador john bolton on a new warning for america and what it means for our security. >>> plus, a judge already infamous for sexting shirtless photos of...
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Dec 12, 2012
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this time, the rocket traveled directly over okinawa, before falling 180 miles north of the philippines, according to the north korean government. debris fell in at least three locations. it was detected by a south korean warship on alert. there are also four american warships in the region. the north koreans insist its efforts are part of a space program to place a satellite into orbit. but key allies believe it's an attempt to test a long-range ballistic missile. with further development, such a rocket could carry a nuclear warhead and potentially reach as far as california. analysts do not believe north korea currently has the technology to be a credible threat to the u.s. but today's launch is a step forward if north korea and its new leader. gloria riviera, abc news, seoul. >>> the u.s. is making a major diplomatic move, by officially recognizing syria's main opposition group as the new legitimate representative of the syrian people. president obama announced the move yesterday. it was part of an exclusive interview with abc's barbara walters. he also recognized that a small amount
this time, the rocket traveled directly over okinawa, before falling 180 miles north of the philippines, according to the north korean government. debris fell in at least three locations. it was detected by a south korean warship on alert. there are also four american warships in the region. the north koreans insist its efforts are part of a space program to place a satellite into orbit. but key allies believe it's an attempt to test a long-range ballistic missile. with further development,...
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Dec 9, 2012
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. >> a massive search-and-rescue effort in the philippines with 900 fishermen missing after a typhoon struck. >> new fallout to the growing political conflict in egypt. egyptians in egypt are flooding into the united states many live ing egypt because of the crisis and for their safety. and now, live in los angeles. dominic, what sort of scale is this wave of asylum seekers? >> napolitano at homeland security says we are seeing a doubling of seekers since the muslim brotherhood took power and 100,000 egyptians have turned up according to unofficial figures. it is mostly the coptic christians and we understand, as well, that new constitution does so little to protect minority rights including christians there and this is an attempt by the islamist to wipe out what remains, really, of the christian community in cairo. take a listen. >> christianity is in the middle coast where the cultures have become islamic, christianity only accounts for 3 percent of the middle east. how long will it continue? we dope know. it has to do with politics. >> it has to do with politics and where the gover
. >> a massive search-and-rescue effort in the philippines with 900 fishermen missing after a typhoon struck. >> new fallout to the growing political conflict in egypt. egyptians in egypt are flooding into the united states many live ing egypt because of the crisis and for their safety. and now, live in los angeles. dominic, what sort of scale is this wave of asylum seekers? >> napolitano at homeland security says we are seeing a doubling of seekers since the muslim...
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Dec 16, 2012
12/12
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. >> growing misery in the philippines after a tie football with a death toll over 1,000. more than 800 are missing. >> in spain, more than 5,000 medical workers taking to the streets protesting budget cuts and plans to partly privatize the country's health care service. >>heather: the shooting in connecticut is one of the deadliest in united states history and by targeting very young people one of the most horrific. many are asking what could cause someone to do such a horrible thing. my next guest has been a former f.b.i. profiler and author of "dangerous instincts." based on what we have been told so far, by what we know, do you think that we are in i closer to knowing why? >>guest: well, we are getting closer to knowing why. i think the law enforcement folks that are conducting the investigation are being particularly careful, to be exact and precise about the information they provide once they complete the investigation because they know that people are emotional and angry so law enforcement will be very careful it is right on the money and accurate so people will hav
. >> growing misery in the philippines after a tie football with a death toll over 1,000. more than 800 are missing. >> in spain, more than 5,000 medical workers taking to the streets protesting budget cuts and plans to partly privatize the country's health care service. >>heather: the shooting in connecticut is one of the deadliest in united states history and by targeting very young people one of the most horrific. many are asking what could cause someone to do such a...
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Dec 8, 2012
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the 94-year-old hasn't made public appearances for years. >>> and a massive typhoon devastating the philippines has made a u-turn. the storm already killed nearly 600 people, and now it is threatening to mick a second land -- threatening to make a second landfall. greg? >>> president obama asking pong for tens -- asking for tens and billions of dollars. he is calling for $64 billion for hard-hit new york and nerming new jersey as well as other states. $37 billion for the victims, recovery and $13 billion in preventive measures in the event of another storm. monday marks six weeks since superstorm sandy slammed into the northeast. thousands of americans still suffering out there in the cold temperatures, and the tempers are flaring over fema's slow response and the lack of housing. >> it is the people in the area that have helped each other. forget red cross. forget all of these other agencies. it was the people that came from all over the united states to help the people. red cross don't deserve credit. they are here now because they are hereafter the fact. >> now good news on the horizon, one
the 94-year-old hasn't made public appearances for years. >>> and a massive typhoon devastating the philippines has made a u-turn. the storm already killed nearly 600 people, and now it is threatening to mick a second land -- threatening to make a second landfall. greg? >>> president obama asking pong for tens -- asking for tens and billions of dollars. he is calling for $64 billion for hard-hit new york and nerming new jersey as well as other states. $37 billion for the...
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Dec 12, 2012
12/12
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in the philippines, steve? >> i think what we have to say is this is significant forward leap for them well beyond what previous tests accomplished. i think it would be a mistake on our part to assume that future leaps forward are in the distant future only. they seem to aggressively pursued a vansment here. kim jong-un, the new young leader, succeeded where his father has failed. it is significant propaganda today victory. they're moving forward as one of the most sanctioned countries. bill: even with all the sanctions they pulled this off. they tried for years to make this happen and they have. two critical points we need to point out here. it is yet to develop a nuclear warhead small enough to fit on top of one of these missiles. that's a big deal. the other point is it has not tested a reentry vehicle that can with stand the heat of the atmosphere. so how effective today, steve? >> i think what it is, you're absolutely correct, they have not finished demonstrating a full capability to deliver this lethal ca
in the philippines, steve? >> i think what we have to say is this is significant forward leap for them well beyond what previous tests accomplished. i think it would be a mistake on our part to assume that future leaps forward are in the distant future only. they seem to aggressively pursued a vansment here. kim jong-un, the new young leader, succeeded where his father has failed. it is significant propaganda today victory. they're moving forward as one of the most sanctioned countries....
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Dec 13, 2012
12/12
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. >> yeah, you talk about some of the stuff falling there close to the philippines and so forth. pair in mind a rocket way was launched a couple ever days ago is a multistage rocket. what you're seeing are pieces of the first and second stage. that third stage was able to get the satellite into orbit and that's what should concern america, it should be a wake up call for this country and the free world. bill: i also think this tidbit about the iranians is no small dial deal, that is a significant deal. thank you. alisyn: lawmakers preparing to question hillary clinton over the murder of four americans in benghazi. they'll finally have a chance to ask what she knew and when when hillary clinton will testify on capitol hill next week. and some americans say that is not going far enough. bill: one of the most loaded concert bills we everee seen in memory. rock and roll legends on stage together to help the victims of sandy. what a night it was. how much money did they raise in some of the more unforgettable moments that you will see here on "america's newsroom"? i had enough of feel
. >> yeah, you talk about some of the stuff falling there close to the philippines and so forth. pair in mind a rocket way was launched a couple ever days ago is a multistage rocket. what you're seeing are pieces of the first and second stage. that third stage was able to get the satellite into orbit and that's what should concern america, it should be a wake up call for this country and the free world. bill: i also think this tidbit about the iranians is no small dial deal, that is a...
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Dec 12, 2012
12/12
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capability to reach out thousands of miles, potentially japan, philippines, hawaii, alaska. they have the stated goal of wanting that intercontinental ballistic missile range. when you marry that up with a nuclear weapon with, even the threat of this destabilizes the region which of course is a real economic power house now days, isn't it? china, the rise of asia this the world economy. this is not a place that anybody wants to see this kind of security destabilization, if you will, and the u.s. has spent many years trying to work through the chinese to get to the north koreans to try to convince them to back off of this effort, but it looks like they have no intention of doing so. >> barbara starr appreciate your reporting tonight and paul hancock as well. >>> and two new offers on the table. their own future. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retireme
capability to reach out thousands of miles, potentially japan, philippines, hawaii, alaska. they have the stated goal of wanting that intercontinental ballistic missile range. when you marry that up with a nuclear weapon with, even the threat of this destabilizes the region which of course is a real economic power house now days, isn't it? china, the rise of asia this the world economy. this is not a place that anybody wants to see this kind of security destabilization, if you will, and the...
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Dec 15, 2012
12/12
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they meant human rights in chile and philippines, and above all, a partide south africa. that was the great human rights cause, the grt moral cause of that time. i knew who the players of south africa were very, very well, the name of political prisoners, the political actors, and i think i knew the politics of south africa better than the politics of my hometown. there was great concentration on south africa, banned from the olympics for many, many years. in the meantime, the olympics were held in moscow, ect.. a couple words about cuba and our relative indifference to the suffering of cubans, ordinary cubans, but also disdense, people of conscious, people who starve themselves to death for example, and hunger strikes, why the extremes? i spoke to a great many people about the problem, our indifference to cuba, and i recall one saying it was one of the most puzzling and painful phenomena of our times. there's some, many people, but i think of one in particular, a man who ought to be famous. he ought to be on the cover the "time" and "news week," and he ought to be a big
they meant human rights in chile and philippines, and above all, a partide south africa. that was the great human rights cause, the grt moral cause of that time. i knew who the players of south africa were very, very well, the name of political prisoners, the political actors, and i think i knew the politics of south africa better than the politics of my hometown. there was great concentration on south africa, banned from the olympics for many, many years. in the meantime, the olympics were...
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Dec 12, 2012
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into the pacific ocean east of the philippines about 2,000 miles away. >>> 4:43 now. how about a look at weather? it's going to start looking like christmas around the bay area. >> i like that cold air white christmas at least on the mountaintops. maybe a dusting of snow. very cold temperatures as the system drives in from the gulf of alaska. hi-def doppler shows showers right now and that's what we'll see to throughout, more nuisance showers throughout the morning but you can see a good cell along the peninsula to daly city, pacifica heavier rainfall very shortly. and you're going to see this sporadic showers throughout the morning hours, the possibility of an isolated thunderstorm and, yes, maybe even a couple of snowflakes over the mountaintops. look at the cold front swinging through behind that. you see all those cold clouds? those continue to drop on through at least through the morning hours. temperatures fairly chilly in the 40s. even with cloud cover, that's cold. 52 degrees in san jose and san francisco. not much warmer toward the afternoon. this system driv
into the pacific ocean east of the philippines about 2,000 miles away. >>> 4:43 now. how about a look at weather? it's going to start looking like christmas around the bay area. >> i like that cold air white christmas at least on the mountaintops. maybe a dusting of snow. very cold temperatures as the system drives in from the gulf of alaska. hi-def doppler shows showers right now and that's what we'll see to throughout, more nuisance showers throughout the morning but you can...
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Dec 12, 2012
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the third portion fell into the pacific ocean east of the philippines. >> when police officers responded to a call of a car crashing into a tree they thought it was just that. a car crash. but then they found out what cbs 5 reporter kiet do tells us is san jose's 44th homicide of the year. >> reporter: there haven't been this many since 1991. the crime scene was puzzling. a white truck jumped the curb and nearly backed into a tree. a teenage boy lay dead in the street. >> the truck is sitting at a weird angle. there's a body down near the truck. this is going to be where our crime scene unit really shines. >> reporter: the call came in at 3:00 p.m. as a traffic accident. paramedics found a fatal wound to the neck. the circle on the ground marks a bloodstain. it looks like the 18-year-old had been stab. >> we don't a pattern of this type of activity here. >> reporter: evidence markers littered the scene. neighbors say they heard popping noises. it's possible he stumbled on to the asphalt or was ejected from the truck. neighbors say violent crime in had part of san jose is area. >> i've be
the third portion fell into the pacific ocean east of the philippines. >> when police officers responded to a call of a car crashing into a tree they thought it was just that. a car crash. but then they found out what cbs 5 reporter kiet do tells us is san jose's 44th homicide of the year. >> reporter: there haven't been this many since 1991. the crime scene was puzzling. a white truck jumped the curb and nearly backed into a tree. a teenage boy lay dead in the street. >> the...
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fell into the pacific ocean east of the philippines about 2,000 miles away. >>> a big victory for millionaire fugitive john mcafee. he was released from guatemalan custody. he snuck into guatemala from belize where he is wanted in connection with the murder of his neighbor. a guatemalan judge has given mcafee 10 days to get his immigration situation sorted out. >>> mexican transportation officials say the plane carrying singing sensation jenni rivera plunged almost vertically from 28,000 feet. the plane did a nosedive into the ground at 600 miles an hour. investigators are piecing together the wreckage to find the exact cause of the crash. they say it could take days. >>> it is 5:20. new this morning, it is the blessing tweeted around the world and now the head of the catholic church has more twitter followers than all of us. pope benedict xvi's message, dear friends, i am pleased to get in touch with you through twitter. he also added i bless all of you from my heart, in eighth different languages. an hour after the twice more than 700,000 people started following him and i guess will go up
fell into the pacific ocean east of the philippines about 2,000 miles away. >>> a big victory for millionaire fugitive john mcafee. he was released from guatemalan custody. he snuck into guatemala from belize where he is wanted in connection with the murder of his neighbor. a guatemalan judge has given mcafee 10 days to get his immigration situation sorted out. >>> mexican transportation officials say the plane carrying singing sensation jenni rivera plunged almost vertically...
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Dec 12, 2012
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. >>> one part of the rocket fell into the yellow sea another fell into the east china sea. and a thirst part fell into the pacific ocean -- a third part fell into the pacific ocean east of the philippines. >>> millionaire fugitive john mcafee is released from a detention center. he was taken into custody last week after sneaking into guatemala from belize where he is wanted in connection with a murder. a guatemalan judge gave mcafee 10 days to get his immigration situation order is out. >> hope he is writing a book while he is going through all this. >> so bizarre. >> i would read it. strange, strange. >>> how about some traffic now at 6:14? liz, it's all yours. >> thank you. let's go towards the bay bridge. we are just getting word of a new accident just past the pay gates. the metering lights are on. so you can see delays now as far back as probably towards the 880 overcrossing now. and then we also have that accident past the toll plaza so delays towards treasure island up the incline. they are working to clear it but we have a good sized wait toward san francisco from t
. >>> one part of the rocket fell into the yellow sea another fell into the east china sea. and a thirst part fell into the pacific ocean -- a third part fell into the pacific ocean east of the philippines. >>> millionaire fugitive john mcafee is released from a detention center. he was taken into custody last week after sneaking into guatemala from belize where he is wanted in connection with a murder. a guatemalan judge gave mcafee 10 days to get his immigration situation...
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Dec 18, 2012
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. >> reporter: he moved them to the philippines, then back to hayward. he gambled away his money. jassmin remembers one particular time when there was no food. >> i remember i was just rummaging for pennies and went to like a nearby liquor store and bought bread because i remembered we had like peanut butter. >> reporter: finally it got so bad, jassmin at the age of 17 took total custody of 10-year- old jeanell. jassmin was working and when she got into cal and started commuting, jeanell was often alone. >> no one was there to protect me or no one really cared even though really my sister really, really cared and i appreciate her so much for that. >> reporter: but jeanell was struggling. her grades dropped to a 1.7. that's when the sisters moved to berkeley and jassmin gave jeanell a talk. >> even though you have some bad points in your life, you don't make that keep your down. you have to keep going. >> reporter: jeanell decided to make a change. >> if my grandma, if my mom, if my sister could do it all, then i can, too. and if i have gone this far, then i could go even further.
. >> reporter: he moved them to the philippines, then back to hayward. he gambled away his money. jassmin remembers one particular time when there was no food. >> i remember i was just rummaging for pennies and went to like a nearby liquor store and bought bread because i remembered we had like peanut butter. >> reporter: finally it got so bad, jassmin at the age of 17 took total custody of 10-year- old jeanell. jassmin was working and when she got into cal and started...
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Dec 2, 2012
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in the philippines they lit candles. students in taiwan formed a ribbon on a playground. aidss first diagnosed 31 years ago, and the u.n. says aids claimed 1.7 million lives last year. the uss"enterprise" sailed through many historic moments, but today the nation's first nuclear-powered aircraft carrier was taken out of active service. some 12,000 people turned out in norfolk, virginia, to say farewell. the 51-year-old warship, also known as the "big e." served in every major conflict since the cuban missile crise. straight ahead, controversy in cooperstown. baseball's steroid era comes under scrutiny. >> jarvis: they'e biggest names in baseball-- bonds, clemens, and sosa. this year all three former players are eligible for entry to the hall of fame in cooperstown, new york, but as tony guida tells us, controversy over steroids is in play. >> and bonds hits one high. >> reporter: no one in baseball history hit more home runs than barry bonds. >> he struck him out! >> no one in baseball history racked up more pitching honors than roger clemens. the two stars headline this
in the philippines they lit candles. students in taiwan formed a ribbon on a playground. aidss first diagnosed 31 years ago, and the u.n. says aids claimed 1.7 million lives last year. the uss"enterprise" sailed through many historic moments, but today the nation's first nuclear-powered aircraft carrier was taken out of active service. some 12,000 people turned out in norfolk, virginia, to say farewell. the 51-year-old warship, also known as the "big e." served in every...
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Dec 9, 2012
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typhoon bopha is apparently making a return pass oaf the philippines. typhtyphoon killed nearly 600 60ple in the southern part of the island chain earlier this week. latelatest forecast shows it making a u-turn to threaten the fain northern island of luzon. in this country, insurance giant a.i.g. says it will suffer a $1.3 billion loss in the wake of super storm sandy. president obama is asking $6gress for $60 billion in ederal aid for states hit hard by the storm. here's john bentley. nt reporter: more than a month after hurricane sandy slammed snto long island, workers are fill digging out from the damage. >> i'm here to coordinate the workers so they successfully clean up all the debris. >> reporter: angela bosco is the manager of this program in hauppauge, new york. out of work since march she got thatjob because of a government grant that only hires those who ire unemployed. d i never would imagine it riuld take a hurricane to bring me to a county position. it was like a blessing, actually. >> reporter: with tons of debris still left to clean up fr
typhoon bopha is apparently making a return pass oaf the philippines. typhtyphoon killed nearly 600 60ple in the southern part of the island chain earlier this week. latelatest forecast shows it making a u-turn to threaten the fain northern island of luzon. in this country, insurance giant a.i.g. says it will suffer a $1.3 billion loss in the wake of super storm sandy. president obama is asking $6gress for $60 billion in ederal aid for states hit hard by the storm. here's john bentley. nt...
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Dec 13, 2012
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the rocket as it jettisoned its first stage in the yellow sea as planned, and its second in the philippine sea before boosting what the north koreans say is a weather inellite into polar orbit. u.s. navy ships in the pacific lad missile defense crews in colorado had already been placed on alert and did not require officiaof a launch. had the rocket been fired on a aljectory that threatened the united states, officials say interceptors based in alaska and california would have been ready ay shoot it down. still, these officials say they re now trying to determine th koreanorth korea deliberately disguised its launch plans or whether u.s. intelligence simply missed the final preparations. last april, a similar rocket fail two minutes after launch. this time, north korea announced it was experiencing technical tfficulties and would need to extend the launch window to the whd of the month. oether those difficulties were real or fake, the rocket was ruickly prepared for launch without u.s. intelligence detecting it had been fully fueled. .he satellite is now circling ce earth and is likely to s
the rocket as it jettisoned its first stage in the yellow sea as planned, and its second in the philippine sea before boosting what the north koreans say is a weather inellite into polar orbit. u.s. navy ships in the pacific lad missile defense crews in colorado had already been placed on alert and did not require officiaof a launch. had the rocket been fired on a aljectory that threatened the united states, officials say interceptors based in alaska and california would have been ready ay...
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Dec 10, 2012
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rescuers in the philippines are searching for typhoon survivors and there are tons of falling trees and boulders. more than 600 people are dead and 4,000 homeless after flash flooding wiped out full communities. nearly 900 are still missing this morning. >>> "cbs moneywatch" time now on a monday. a stern warning from the head of the ims, and bond is on top again. ashley morrison here in new york with more. good morning, ashley. >> good morning, terrell. news of rising factory output growth in china. tokyo's nikkei added a fraction while hong kong's hang seng gained nearly half a percent. wall street hopes to continue last week's rally. the dow closed up 81 points on friday while the nasdaq fell 11 points. >>> federal reserve is expected to announce an expansion of its stimulus program this week. experts predict the feds will extend its program of buying $85 billion of securities each month into the new year. the announcement is expected when the bankers meet tomorrow and wednesday. >>> the head of the international monetary fund is calling on u.s. politicians to find a solution to t
rescuers in the philippines are searching for typhoon survivors and there are tons of falling trees and boulders. more than 600 people are dead and 4,000 homeless after flash flooding wiped out full communities. nearly 900 are still missing this morning. >>> "cbs moneywatch" time now on a monday. a stern warning from the head of the ims, and bond is on top again. ashley morrison here in new york with more. good morning, ashley. >> good morning, terrell. news of rising...
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Dec 5, 2012
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the philippines climbed. flash floods and landslides killed more than 200 people. dozens more are missing. forecasters say the storm is expected to get stronger and head towards vietnam later in the week. here in new york police say the man who shoved a subway rider to his death has implicated himself in the take. the suspect was picked up tuesday near twars -- times square. he shaved off his dredlocks after the incident. >> he was going after the suspect. he got in a confrontation with the suspect. >> he was going after him and the suspect was saying leaf me alone, you don't know me, i don't know you. >> charges against the suspect today and will put him in a lineup so witnesses can identify him. >> after being on the run for three weeks, anti-virus software john mcafee turned up in guatemala. he's seek being asylum because he believes he'll be killed if he returns to belize. the of 67-year-old mcafee is considered a person of interest in the death of his neighbor a fellow american. >> and robin yount accide
the philippines climbed. flash floods and landslides killed more than 200 people. dozens more are missing. forecasters say the storm is expected to get stronger and head towards vietnam later in the week. here in new york police say the man who shoved a subway rider to his death has implicated himself in the take. the suspect was picked up tuesday near twars -- times square. he shaved off his dredlocks after the incident. >> he was going after the suspect. he got in a confrontation with...
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. >>> parts of the southern philippines is in sham belled after a typhoon hammered the country. the number will probably get higher because hundreds of people are still missing. 250,000 people are now homeless, and relief workers say many of them are in desperate need of water, food, and shelter. >>> in thailand a man who used to lead the government could be put to death for a deadly crackdown on protesters. reuters reporting that the former prime minister has been charged with ordering troops to use real bullets on anti-government demonstrators back in 2010. officials say he and his deputy are responsible for the deaths of dozens of civilians. now, if convicted they could face the death penalty or life in prison. >>> well, schools, new homes, and water wells, this village really getting an upgrade with the help of this man. he work as a concierge of d.c. with the help of powerful people in his building, he is able to give back to his hometown in africa. we'll talk with him next. and a choice. ritis n take tylenol or take aleve, the #1 recommended pain reliever by orthopedic doc
. >>> parts of the southern philippines is in sham belled after a typhoon hammered the country. the number will probably get higher because hundreds of people are still missing. 250,000 people are now homeless, and relief workers say many of them are in desperate need of water, food, and shelter. >>> in thailand a man who used to lead the government could be put to death for a deadly crackdown on protesters. reuters reporting that the former prime minister has been charged...
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more than 330 people are dead in the philippines after a typhoon. >>> proof that we can sure light up the night sky. new video released by nasa. you can see the city lights from around the globe. it's so awesome. it took nine days for a satellite to capture these images. it needed 312 trips around the earth to take all of the approxima pictures. they were mapped over existing imagery of the earth to make this one impressive view. wow. >>> zynga, the game company that makes farmville wants to dabble in real money. online gambling. it filed an application for a gaming license in nevada. the only state that currently allows it. it could help zynga make up for lost revenue from other games. >>> it will take years for new jersey to recover from sandy and its financial toll and now the governor is asking washington to help pay for all of the recovery. all of it. anncr: some politicians seem to think medicare and... social security are just numbers in a budget. well, we worked hard for those benefits. we earned them. and if washington tries to cram decisions about the future... of these prog
more than 330 people are dead in the philippines after a typhoon. >>> proof that we can sure light up the night sky. new video released by nasa. you can see the city lights from around the globe. it's so awesome. it took nine days for a satellite to capture these images. it needed 312 trips around the earth to take all of the approxima pictures. they were mapped over existing imagery of the earth to make this one impressive view. wow. >>> zynga, the game company that makes...
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romney reportedly met with pacquiao, who is a congressman in the philippines, before the fight. pacquiao lost in the sixth round knockout. discuss, go ahead, lz. >> well, i thought it was absolutely awesome that mitt romney went in and gave pacquiao a pep talk, then manny get out and gets knocked out. it was so symbolic. >> you are wrong for that. i thought about it, just didn't say it. >> it was so symbolic. it was like, wow, really? you know that smooth criminal by michael jackson, are you okay? are you okay? i was going, manny, are you okay? he was knocked out. it was so funny. >> i just want to tell you this. i think as a superstition -- superstition person, i'm not sure meeting with mitt romney was the right decision. >> kick a man when he's down, a member of his own party, anna, what's up with that? you called him a loser. >> i'm telling you, i'm super superstitio superstitious. a losing candidate, let's say that. >> he's not a loser but he had the loser vibe going in. >> okay. all right. >> i'm very happy to see mitt romney out and about, leading his life. boy, i wish he'
romney reportedly met with pacquiao, who is a congressman in the philippines, before the fight. pacquiao lost in the sixth round knockout. discuss, go ahead, lz. >> well, i thought it was absolutely awesome that mitt romney went in and gave pacquiao a pep talk, then manny get out and gets knocked out. it was so symbolic. >> you are wrong for that. i thought about it, just didn't say it. >> it was so symbolic. it was like, wow, really? you know that smooth criminal by michael...
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Dec 11, 2012
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. >>> tremendous heartache in the philippines after typhoon bopha, authorities saying the storm has killed more than 700 people. about 900 others are still missing. many of them fishermen. take a look at damage left behind in south. homes, entire villages destroyed. hundreds of thousands of people are struggling to rebuild. the storm hit last week but officials have just started to make it to some of the remote areas to search for survivors. and just to get a sense of the scope of the damage. the u.n. is asking for 65 million in international aid. >>> the prachk phonk phone call revealed information about the duchess of cambridge may have led to the death of the nurse. they are going to donate $500,000 to the deceased woman's family. she committed suicide after she let the hoax call go through the ward where the duchess was staying. an autopsy on her will be carried out today. she was married and had two children. >>> after four days of testing authorities reveal why nelson mandela is in the hospital and house serious his condition is. and cut! very good. people are always asking me how we
. >>> tremendous heartache in the philippines after typhoon bopha, authorities saying the storm has killed more than 700 people. about 900 others are still missing. many of them fishermen. take a look at damage left behind in south. homes, entire villages destroyed. hundreds of thousands of people are struggling to rebuild. the storm hit last week but officials have just started to make it to some of the remote areas to search for survivors. and just to get a sense of the scope of the...
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Dec 12, 2012
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debris fell into the sea as far away as the philippines. many in the u.s. and elsewhere were taken by surprise. the last time north korea tried to launch was april which ended in an embarrassing failure. to chris lawrence our pentagon correspondent, chris, the u.s. officials do they have any doubts that this is for real? >> reporter: don f they did, those doubts are quickly disappearing. i just got off the phone with a u.s. official who confirmed to me that the on object north korea put into space is still? or bit and the officials are going through final calculations to confirm whether it was indeed a satellite, as north korea claimed. regardless of that, it is confirmed that north korea did successfully go through three stages of this rocket, which is a jump in technology for them. this is the type of rocket that has the range to hit areas in alaska or u.s. bases in hawaii. so there is, you know, some concern over this success by north korea, don. >> so chris, how worried are pentagon officials again about the successful launch? you said there is some suc
debris fell into the sea as far away as the philippines. many in the u.s. and elsewhere were taken by surprise. the last time north korea tried to launch was april which ended in an embarrassing failure. to chris lawrence our pentagon correspondent, chris, the u.s. officials do they have any doubts that this is for real? >> reporter: don f they did, those doubts are quickly disappearing. i just got off the phone with a u.s. official who confirmed to me that the on object north korea put...
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Dec 23, 2012
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>> the south asian island nation of -- drum roll please -- the philippines. >> the philippines. okay. >> it's no surprise, don, because they're overwhelmingly -- the overwhelming majority are christians, and about 80% are catholic, and so you have the christmas season that runs from september until january. i mean, they don't have to stop for halloween or thanksgiving in between, but still, it's this holiday season that's filled with lavish decorations and these beautifully lit trees, and these are some of the ireports that we've received throughout this period starting in september of the decorations that they've gone and they've had, and there's these lantern that is they use that stems back generations because when there wasn't electricity, these lanterns made of paper and bam boo, they use them as way to guide their paths to -- it's like a good nighteding light of worship is what they use them for. >> i'm such a scrooge this year. i'm not feeling it. i'm not feeling it this year. this is a commercial. it's too commercial. let me tell you, after -- i don't know. i should prob
>> the south asian island nation of -- drum roll please -- the philippines. >> the philippines. okay. >> it's no surprise, don, because they're overwhelmingly -- the overwhelming majority are christians, and about 80% are catholic, and so you have the christmas season that runs from september until january. i mean, they don't have to stop for halloween or thanksgiving in between, but still, it's this holiday season that's filled with lavish decorations and these beautifully...
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Dec 28, 2012
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. >>> in the philippines, at least 11 people are dead after a tropical cyclone slammed the central part of the country. the storm brought heavy flooding, landslides as well. two people are still missing. now, earlier this month, more than 1,000 died when a typhoon swept through that very same area. >>> the florida man known as the dinosaur smuggler could face 17 years in prison. eric pleaded guilty to illegally buying and selling dinosaur skeletons and then slipping them by u.s. customs. sentencing is scheduled for april. the bones are being returned to their country of origin. >>> this is the most-watched singing contest in europe. it's got the glitz, the glamour, but -- >> it costs to perform, and it costs to stage it. and what do you get back? bluntly, you get a bunch of hoopla and a few pom-poms. >> wow. what some european countries on the verge of bankruptcy, many feel participating in the contest, well, strikes the wrong chord. through diet and exercise, alli can help you lose one more by blocking some of the fat you eat. let's fight fat with alli. ♪ i get congested. but now, wi
. >>> in the philippines, at least 11 people are dead after a tropical cyclone slammed the central part of the country. the storm brought heavy flooding, landslides as well. two people are still missing. now, earlier this month, more than 1,000 died when a typhoon swept through that very same area. >>> the florida man known as the dinosaur smuggler could face 17 years in prison. eric pleaded guilty to illegally buying and selling dinosaur skeletons and then slipping them by...
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Dec 3, 2012
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in the philippines a powerful typhoon is bearing down with winds that could reach 130 miles an hour. >> rescue teams there preparing for flash floods and landslides in the mountains. forecasters predicting huge waves and storm surge along the coast. the typhoon expected to make landfall in about seven hours or so from now on the same island where a tropical storm last year left 1,200 people dead. >>> emergency inspections are underway today at about 50 roadway tunnels in japan. that's after one tunnel about 50 miles west of tokyo caved in yesterday. nine people died. an official with the private company that operates the sasago tunnel said outdated bolts, or concrete slabs, could be to blame. cnn's alex solberg is following the story. >> reporter: a driver's worst nightmare. heading through a highway tunnel when the ceiling collapses. officials are trying to figure out how it happened over the weekend here in japan. this man says the cars in front of us were crushed. it was tir filing. i'll never be able to drive through that tunnel again. another witness says i saw smoke filling the
in the philippines a powerful typhoon is bearing down with winds that could reach 130 miles an hour. >> rescue teams there preparing for flash floods and landslides in the mountains. forecasters predicting huge waves and storm surge along the coast. the typhoon expected to make landfall in about seven hours or so from now on the same island where a tropical storm last year left 1,200 people dead. >>> emergency inspections are underway today at about 50 roadway tunnels in japan....
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Dec 4, 2012
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over iranian soil. >>> and an intense typhoon hit the philippines killing 27 people. rising water and high winds hit millions in the storm's path. many of those live, as you can see, pretty remote areas, unprepared communities. typhoon comes a year after a storm killed more than 1200 people on the very same island. >>> a federal judge here saying hold on a second, after california becomes first state to ban conversion therapy. that's the treatment aimed at turning young gay people straight. california governor jerry brown signed the law not too long ago, which is scheduled to go into effect the first of the year. but this judge now says that may not work because it could trample the first amendment rights of therapists. >>> coming up next, police are frantically searching for this 11-year-old little girl, a cancer patient. she was last seen right here in the surveillance video walking out of the hospital doors with her mom. now, doctors worry her life is in danger. we have the latest on the investigation next. can your hearing aid do this? lyric can. lyric can. lyric
over iranian soil. >>> and an intense typhoon hit the philippines killing 27 people. rising water and high winds hit millions in the storm's path. many of those live, as you can see, pretty remote areas, unprepared communities. typhoon comes a year after a storm killed more than 1200 people on the very same island. >>> a federal judge here saying hold on a second, after california becomes first state to ban conversion therapy. that's the treatment aimed at turning young gay...
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Dec 5, 2012
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kills 274 people in the philippines. it destroyed homes. it left washed out road, downed power lines and lots of damage. >>> dr. phil's stolen '57 chevy has been found. the chevy belair in los angeles while investigating stolen cars. targeting repair shops and making off with the cars. dr. phil's chevy has minor body damage butto otherwise is in good condition. >>> tradition in south carolina was way too much for one giraffe. it was all caught on camera. ooh, melman the giraffe started shaking and jumping up and down at a tree lighting ceremony. in the end, the giraffe is not hurt and we're not really clear on why a jugiraffe was at a tre lighting ceremony anyway? that's a whole other story. we're back in a little bit. >>> able to diagnose alzheimer's with a simple phone call. >> they leave a voice recording. algorrhythm algorrhythms to that 99%. >> that's pretty incredible. >> if he succeeds, he could change the game for parkinson's patients and for doctors on "the next list." like a lot of things, trying to find a bett
kills 274 people in the philippines. it destroyed homes. it left washed out road, downed power lines and lots of damage. >>> dr. phil's stolen '57 chevy has been found. the chevy belair in los angeles while investigating stolen cars. targeting repair shops and making off with the cars. dr. phil's chevy has minor body damage butto otherwise is in good condition. >>> tradition in south carolina was way too much for one giraffe. it was all caught on camera. ooh, melman the...
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Dec 5, 2012
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our liz visited the island that was hit the hardest. >> reporter: the typhoon slammed into the philippines' southern most province with fierce winds, ripping up trees and destroying houses. iron roofs torn from homes and thrown through the air as one relief official said like flying machetes. there was also heavy rain and high water. in the region three times the amount of rain the area would normally receive in the entire month of december in only three hours. many of the deaths are being attributed to flash floods and drowning. a powerful typhoon in december of last year killed more than 1,200 people. officials say they learned a painful lesson from that storm and it may have saved lives this time around. >> in terms of the intensity, what we were expecting the worst because it's a super typhoon, but we're more prepared this time. more prepared, and we did preemptive evacuation and early warning this time, unlike last year. >> the storm had been building over days and philippines officials took action. michellely evacuating more than 60,000 to shelters and those numbers have since grown.
our liz visited the island that was hit the hardest. >> reporter: the typhoon slammed into the philippines' southern most province with fierce winds, ripping up trees and destroying houses. iron roofs torn from homes and thrown through the air as one relief official said like flying machetes. there was also heavy rain and high water. in the region three times the amount of rain the area would normally receive in the entire month of december in only three hours. many of the deaths are...
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Dec 12, 2012
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the central bank in the philippines had a huge negative equity. the central bank can go on without necessarily having a positive equity. they have all sorts of tools they can theoretically use other than having to unwind their balance sheet. they can increase reserve ratio, the interest rates they pay on excess reserves, and so on. they have a lot of control. that makes me less worried about the fed's balance sheet. not that i approve of what they are doing recently. i think they can get out of it fairly easily. >> i would add the presence of this massive fed undertaking, in almost a desperate way, gets at the underlying problem. this is not a monetary policy issue. it is a fiscal policy issue. we have a lack of leadership. the threat of the tax policy expiring all tax policy, much of which has been in place to over a decade, has been a congressionally made thing. congress refuses to work on it until now. reich lot -- likewise, they have refused to tackle the spending part, both of which get us to our debt. you have this honor lack of anything hap
the central bank in the philippines had a huge negative equity. the central bank can go on without necessarily having a positive equity. they have all sorts of tools they can theoretically use other than having to unwind their balance sheet. they can increase reserve ratio, the interest rates they pay on excess reserves, and so on. they have a lot of control. that makes me less worried about the fed's balance sheet. not that i approve of what they are doing recently. i think they can get out of...